What to expect as chain battles inflation, price hikes

What to expect as chain battles inflation, price hikes

Chipotle (CMG) is set to report its fiscal second quarter earnings on Tuesday after market close as inflation remains top of mind for both businesses and consumers.

Here’s what Wall Street expects, according to Bloomberg consensus estimates:

  • Revenue: $2.25 billion expected

  • Adj. earnings per share (EPS): $9.10 expected

  • U.S. same-store sales: 10% to 12% increase expected

Analysts anticipate that, similar to last quarter, Chipotle will benefit from its expanded growth in digital sales and online…


Source link

About search

Check Also

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *